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Generating Passive Income With Online Writing

By Edited Feb 6, 2016 0 0

Restarting My Freelance Writing Career

Historically, in times of economic difficulty, people have begun to spend less money and look for ways to earn more money with less difficulty. When I lost my job in November 2008 I discovered online article writing and generated many articles for an article mill.

Looking back now, I see the mistakes I made along the way. For instance, when I began writing for that article mill, I did go out and look for other websites that would help me generate income from writing. I signed up for a lot of them, but once I saw that they required me to market my own articles, I didn't follow through with any of them.

If I would have written as much as I could on those sites along with the article mill, then I could be earning a very nice passive income now. The constant evolution of the internet has improved the ability to earn money many times over since then, and it is something I regret because I am now, essentially, restarting at the beginning. The one thing that really got me down was realizing just how much I could have been earning from passive income.

I recently read on a blog that as an experiment the blogger had written 150 articles on eHow in one month just to see how much passive income he would make from them. The first month he made $19, that's about twenty six cents each per hour spent writing them, but each consecutive month after that he earned $165 per month for those articles alone. Now imagine if you generated the same number of articles each month after that, you would earn about $11,264 in a year just on that one site, writing five articles per day.

I'm not a big fan of eHow because I worked for the article mill they get their articles from and they don't treat their loyal contractors very well, plus their editors are in a universe beyond terrible. I have many, many articles with eHow, but I only generate revenue share income from one article. In 2010, I earned thirty two cents from that article, but, so far in 2011, I have earned $2.10 from that article.

Why am I telling this? For a couple of reasons. First, it shows just how foolish a writer can be if they think they only need one source of income that doesn't include revenue share. Second, it shows that earning revenue share is not an overnight process. Earning revenue share is really a full time job. You constantly have to evolve, create new up-to-date content, and work hard to maintain your work. There are three things you need to remember:

  1. Article writing is not as easy as it sounds. You can spend very little time researching your writing, and it will show or you can spend hours researching your work and it may flow easier, but you'll be generating less content. The best way to do article writing is set daily goals for yourself on how many articles you're going to complete. Figure out how much research you are going to do per article, too, because that is really unpaid working hours unless you write and research at the same time, which takes quite a bit longer. When I did that, I would average an article an hour.
  2. There are thousands of fabulous blogs out there but none of them are earning money for content alone. If you blog, you need to monetize it and earn income from ads or sell something in addition to the blog. Most of these high traffic blogs that you hear about in the news don't make money from the traffic, they make it because people pay them for advertising. So make sure when you blog that you can sell something or have something that will generate ad revenue for you.
  3. Also, check the Alexa ratings on the sites you're going to write for because you want to write for the best paying sites possible. Most of the sites pay for ad revenue and so much per unique visitor, so really research the sites before you sign up. 

Currently, one of the highest traffic sites, and highest paying, is InfoBarrel. If you're looking for a good place to start, start there.

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